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U.S. Import Price Index Declined 0.5% in April
U.S. import prices declined 0.5 percent in April, the U.S. Bureau of Labor Statistics reported today, following a 1.5 percent increase in March. The April decrease was driven by lower fuel prices which more than offset a small increase in nonfuel prices. The price index for overall exports rose 0.4 percent in April after a 0.8 percent increase the previous month.
Posted: May 10, 2012 Thursday 08:30 AM